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Stock impact report

Major trigger Holmes believes could derail the bull run [Yahoo! Finance]

U.S. Global Investors, Inc. - Class A (GROW) 
US:NASDAQ Investor Relations: usfunds.com/about-us/investor-relations
Company Research Source: Yahoo! Finance
But according to Frank Holmes, CEO of U.S. Global Investors, the bigger risk isn't a credit meltdown, it's fiscal policy. Speaking with TheStreet Roundtable , Holmes dismissed comparisons to the 2008 global financial crisis, arguing that today's corporate and banking balance sheets are far healthier. “At this time, I don't see a credit crisis like we had in 2007 going into 2009 because the banks themselves and a lot of corporations and the S&P 500 are not as leveraged,” Holmes said. Instead, he said monetary conditions are easing. “Right now the monetary policy seems to be printing money. Rates are falling, they're not crashing.” Related: What is Bitcoin mining? Explained The fiscal lever Holmes watches Holmes sees fiscal policy as the true swing factor for risk assets — a “binomial” set of choices between taxes and spending. “Whenever there's a big imbalance, gold and Bitcoin shine,” he said. “Taxes come with regulations, because regulations are an informal tax, and t Show less Read more
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